AutoBeat Group

With 155,000 paid subscribers worldwide, the AutoBeat Group publications are the world’s most widely read automotive business dailies. Our newsletters provide a quick, to-the-point interpretive digest of the day’s most important auto business news.

Honda Delays Hybrid Production in China

By: AutoBeat Group - June 17, 2013 at 11:46 AM

Posted: June 17, 2013 at 2:00 am Honda Motor Co., which had planned to begin building hybrid cars in China next year, now says it may not do so until 2016.

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Ford Hints at New Models for Lincoln Brand

By: AutoBeat Group - June 17, 2013 at 11:44 AM

Posted: June 14, 2013 at 2:48 am Ford Motor Co. tells investors its efforts to revive its struggling Lincoln brand may include two or more models developed for fast-growing market segments.

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Interiors Supplier IAC Makes Plans to Go Public

By: AutoBeat Group - June 17, 2013 at 11:42 AM

International Automotive Components Group SA, the auto interiors supplier controlled by billionaire Wilbur Ross, has filed a preliminary prospectus for an initial public offering to raise as much as $115 million.

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Ford Hints at New Models for Lincoln Brand

By: AutoBeat Group - June 14, 2013 at 9:09 AM

Posted: June 14, 2013 at 2:48 amFord Motor Co. tells investors its efforts to revive its struggling Lincoln brand may include two or more models developed for fast-growing market segments.Lincoln MKC conceptFord didn’t say which vehicle categories it has in mind.

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Connected Cars to Create $53 Billion Market in 5 Years

By: AutoBeat Group - June 14, 2013 at 9:07 AM

Posted: June 14, 2013 at 2:04 amEquipping cars with the ability to communicate with each other and their surroundings will create a €40 billion ($53 billion) global market by 2018, predicts the GSMA (Groupe Speciale Mobile Assn.), a global trade group for mobile communications providers.By 2025 most new cars will carry embedded mobile technology—General Motors Co.’s OnStar is an example—that gives them some form of connectivity, according to the London-based group.These built-in systems, which don’t require a driver’s cell phone, can deliver a huge array of services involving safety, security, infotainment, traffic reports, navigation and vehicle diagnostics.

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India’s Apollo Tyres to Acquire Cooper Tire

By: AutoBeat Group - June 14, 2013 at 9:04 AM

Apollo Tyres Ltd has agreed to acquire Findlay, Ohio-based Cooper Tire & Rubber for $2.5 billion to gain entry to the thriving American auto market.Gurgaon, India-based Apollo will pay $35 per Cooper share, a 43% premium to the closing price on Tuesday.

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India’s Apollo Tyres to Acquire Cooper Tire

By: AutoBeat Group - June 13, 2013 at 11:24 AM

Apollo Tyres Ltd has agreed to acquire Findlay, Ohio-based Cooper Tire & Rubber for $2.5 billion to gain entry to the thriving American auto market.Gurgaon, India-based Apollo will pay $35 per Cooper share, a 43% premium to the closing price on Tuesday.

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NHTSA Opens Probe into Misfiring Honda Airbags

By: AutoBeat Group - June 11, 2013 at 11:07 AM

Posted: June 11, 2013 at 3:33 amThe National Highway Traffic Safety Administration has launched an investigation into complaints about the frontal airbags in Odyssey minivans deploying without a crash.The action covers about 320,000 vehicles produced during the 2003 and 2004 model years.NHTSA’s Office of Defects Investigation notes that the flaw may be the same one found last year in 2002-2003 Jeep Liberty SUVs.

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Battery Maker Exide Files for Bankruptcy

By: AutoBeat Group - June 11, 2013 at 11:05 AM

Exide Technologies Inc., a maker of automotive lead-acid batteries, has filed for Chapter 11 protection for its U.S. operations after months of escalating financial and operating struggles.The Milton, Ga.-based company says it will continue to supply batteries to its customers during bankruptcy.

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